Alphabet Inc uses $5.5 Million out of $10 Billion dollar bond issue to use for CSR uses $5.5 Million out of $10 Billion dollar bond issue to use for CSR
Of the $10 billion on offer, the $1 billion five-year tranche was issued at a coupon of 0.45 per cent, the lowest coupon seen at that maturity. $5.5 billion will be used for green initiatives, the company said, the largest-ever issue of corporate debt for environment, social and governance endeavors.